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Week ahead: UK CPI, Global PMIs in focus
Investors' focus over the coming week would be on Wednesday's consumer price data which may hold the ley to whether the Bank of England hikes rates again in early May.
Europe close: Stocks hold onto gains amid positive corporate updates
European markets held onto their gains at the end of the week as investors digested softer-than-expected US retail sales and a bevy of positive corporate updates.
Sector movers: Banks pace gains
Bank shares paced gains at the end of the week amid a raft of well-received sector earnings on the other side of the Atlantic and due to the possibility of further rate hikes in both the US and UK.
Consumer sentiment steady in mid-April but inflation expectations jump, University of Michigan says
Consumer sentiment in the US was little changed even as inflation expectations moved up sharply, the results of a closely followed survey revealed.
US March retail sales drop twice as fast as forecast
Retail sales volumes shrank twice as fast as expected last month amid broad-based softness by categories.
US industrial production grows a bit more quickly than expected in March
US industrial production grew a bit more quickly than expected last month.
BofA says UK inflation set to slide, but rate cuts not 'imminent'
Economists at Bank of America forecast that UK consumer price gains would slide from a rate of 10. 4% for February to 3. 8% by October.
J.P. Morgan posts record revenues, shares fly
J. P. Morgan shares jumped in trading before the opening bell on Wall Street after the banking heavyweight handily beat estimates on the Street for its first quarter results.